Art Investment

Juan Gris Still Life sold for 56.6 million dollars at Christie's

"Still Life with a checkered tablecloth" Juan Gris exceeded the estimate by half. This is a new auction record for the artist's works. Total Sales of Impressionist, Modern and Surrealist brought 176.9 million pounds (288 million dollar

Juan Gris
Still Life with a checkered tablecloth . 1915
Oil on canvas. 116,5 × 89,3
Christie's. 4.02.2014
Estimate: 12-18 million pounds
Result: 34.8 million pounds
Source : christies.com

Revenue up to yesterday evening auction Christie's« Impressionist and Modern Art "and" Art of Surrealism " , which took place in London , totaled 176.98 million pounds ( 288 million dollars). This is a record total result for any auction ever held in London . Total with a hammer took 86 %of the lots (95 %in value terms ) . The total estimated cost of lots of two auctions ranged from 113 to 162 million pounds. Following the auction 35 works were sold more 1 million pounds ( 43 papers - more than $ 1 million ) . Records were set prices for the creation of four artists - Juan Gris, Carlo Carra , Charles Le Corbusier and Dorothea Tanning .

Jay Winz and Olivier Camus , Department of Impressionist and Modern Art Christie's: « We are very glad the results, which are record bidding ever held in London in history. I want to emphasize the fact that a twofold excess of the total assessed value of no residue left from a private Swiss collection. In this case there are three record price - on canvas cubist Juan Gris, as well as by Carlo Carra and Charles Le Corbusier . At the auction, the Surrealists undisputed favorite was the work of Rene Magritte , which fought for the possession of 15 collectors. As a result, she became one of three works by the artist , who managed to go abroad the price of 10 million dollars ».

Top-lot auction was" Still Life with a checkered tablecloth "(1915 ) Juan Gris (1887 -1927 ) , who found its new owner for a record for works by this artist 34.8 million pounds (56.6 million dollars) at an estimated cost of 12-18 million pounds. This work demonstrates the transition from the analytical Gris Cubism to his lyrical direction . Still Life was written in France in March 1915 , at the beginning of the First World War . Among the items on a checkered tablecloth can be seen , for example, a newspaper with the latest news . Since the inception of this work has been repeatedly exhibit iconic exhibitions dedicated to the artist .

Written November 20, 1955 Pablo Picasso painting "Woman in Turkish costume , sitting in the chair " was sold for 16 , 88 million pounds ( 27.48 million dollars) Estimé 15-20 million pounds. This picture belongs to a small series of portraits of Jacqueline Roque odalisque in the image , which was borrowed from the famous painter Eugene Delacroix 's masterpiece " Women of Algiers in their chambers ", located in the collection of the Louvre in Paris .

Dating from 1930 year " composition II with blue and yellow " Piet Mondrian was sold for 12.4 million pounds ( 20.2 million dollars) in the evaluation of 8.12 million pounds, thus becoming the second most expensive work of a private Swiss collection (after Gris still life ).

exhibit from the collection of Louis Carre painting by Fernand Leger " colored cylinders " (1918 ) was bought for 12 million pounds ( 19.6 million dollars) at an estimated cost of 5 - 7 million pounds. Another artist's work entitled " Two Women" , written in 1929, has found a buyer for 5.1 million pounds ( 8.3 million dollars ).

sculpture by Alberto Giacometti "Three marching men I », conceived in 1948 and cast in 1951, was sold for 9 million pounds ( 14.7 million dollars) Estimé 6,2-8 million pounds. Work was exhibited for sale from the collection of the New York Museum of Modern Art MoMA , and the proceeds from its sale will focus on the completion of the museum .

Top-lot auction "The Art of Surrealism" was the picture of Rene Magritte "Hunters in the outcome of the Night" (1928) , sold for 6,578 million pounds (estimate 6-9 million pounds ) . In 2013, she became one of the central pieces of the exhibition " Magritte , everyday mystery " in the New York Museum of Modern Art Museum .

Claude Monet " in Varengeville Church at sunset " - a striking example of impressionist art at the peak of its development - experts have estimated 4-7 million pounds , the final price - 5.68 million pounds ( 9.25 million dollars ).

Dating from 1931 year picture Chaim Soutine « Woman , part of the water" when assessing 2.5-3.5 million pounds was sold for $ 5 , 12 million pounds ( 8.33 million dollars ).

Top 10 lots auctions Christie's
« Impressionist and Modern Art " and "The Art of Surrealism »
February 4, 2014 , London

№ lot

Description

Estimate , million pounds

result , millions of pounds

Buyer

9

Juan Gris Still Life with a checkered tablecloth . 1915
world record for the artist

12-18

34,8

private collector

28

Pablo Picasso Woman in Turkish costume , sitting in the chair . 1955

15-20

16,88

private collector from Europe

10

PIT Mondrian Composition II with a blue and yellow. 1930

8-12

12,4

anonymous buyer

5

Fernand Leger colored cylinders. 1918

5-7

12

anonymous buyer

4

Alberto Giacometti Three men walking I ( 1948/1951 )

6,2-8

9

anonymous buyer

114

Rene Magritte Hunters at the end of the night. 1928

6-9

6,578

private collector

16

Claude Monet Church at Varengeville at sunset. 1882

4-7

5,682

private collector from Asia

30

Fernand Leger Two women. 1929

2,5-3,5

5,122

anonymous buyer

39

Chaim Soutine woman entering the water. 1931

2,5-3,5

5,122

private collector from the U.S.

7

Henry Moore Mother and Child with the apple. 1956

2,5-3,5

5,010

private collector from Europe

Source : press Release Christie's


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